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    Principles of Macroeconomics
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    Exam 16: Inflation and Unemployment
  5. Question
    If Workers and Firms Adjust Their Expectations of Future Prices
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If Workers and Firms Adjust Their Expectations of Future Prices

Question 94

Question 94

True/False

If workers and firms adjust their expectations of future prices in a higher price level, the short-run aggregate supply curve shifts to the right.

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